DeFi Tokens Divide: Investors Flock to Safer Options Post-October CrashThe crypto markets DeFi tokens are showing a stark divide following the October tenth crash. While the broader market has softened, DeFi, which drives blockchain activity and generates most crypto token revenue, has been particularly affected. Only two out of twenty-three leading DeFi names are positive year-to-date.Investors are moving towards safer tokens with buyback programs or clear fundamental catalysts. Tokens like Hype and Cake, with substantial buybacks, have shown strong returns. Morpho and Syrup outperformed lending peers due to specific events.DeFi subsectors have seen mixed results since September thirtieth. Spot and perpetual decentralized exchanges have seen their price-to-sales multiples decline, while lending and yield tokens have seen their multiples steepen. This could indicate investors viewing lending and yield activities as more stable in a downturn.These trends reveal potential opportunities from market dislocations post-October tenth event. It remains to be seen if these changes signal a broader shift in DeFi valuations or if they will revert to previous patterns.

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